A group of U.S. states led by New York is investigating Facebook Inc for possible antitrust violations and plans to file a lawsuit against the social media giant next week, four sources familiar with the matter said on Wednesday, December 2nd.
The complaint would be the second major lawsuit filed against a Big Tech company this year. The Justice Department sued Alphabet Inc’s Google in October.
A group of U.S. states led by New York is investigating Facebook for possible antitrust violations and plans to file a lawsuit against the social media giant next week, four sources familiar with the matter said on Wednesday.
The complaint would be the second major lawsuit filed against a Big Tech company this year. The Justice Department sued Alphabet’s Google in October.
More than 40 states plan to sign on to the lawsuit, one source said, without naming them.
Facebook declined to comment.
The Federal Trade Commission, whose commissioners met on Wednesday, could file a related complaint with an administrative law judge or in district court.
It is not known what the states plan to include in their complaint. One allegation often made against Facebook is that it has strategically sought to buy small potential rivals, often at a big premium. These include Instagram in 2012 and WhatsApp in 2014.
Source: NBC News
more recommended stories
Mérida City Council confirms cancellation of Carnival 2021
The Mérida City Council informs that.
Mexico Working on Alternative to Bill That Would Force Central Bank to Buy Dollars (WSJ)
MEXICO CITY—The Mexican government is preparing.
In ten US states, you can now get your COVID vaccine at Walmart
As the rollout progresses, more and more.
Curevac and Novavax start phase III COVID-19 clinical trials in Mexico
MEXICO CITY (Latinus) – Mexico’s foreign.
When Octopuses Lash Out – Unusual Behavior Observed in Red Sea Study
New research documents that octopuses found.
AMLO disputes rights concerns over trapped asylum seekers
(Reuters).- President Andres Manuel Lopez Obrador.
Supporters’ words may haunt Trump at impeachment trial
WASHINGTON D.C. (AP) — The words of.
Private investment in Mexico will not return soon.
MEXICO CITY (Dinero en Imagen) –.
Lopez Obrador and Biden speak on the phone
In a phone call, the presidents.
AMLO authorizes states and private companies to buy COVID-19 vaccines
On Friday, January 22nd, President Andrés.